Form 4: Expedia Group Director Patricia Menendez-Cambo Reports Acquisition of Stock Units

Director Patricia Menendez-Cambo reports acquiring stock units convertible to Expedia Group common stock under a deferred compensation plan.

Summary

• On April 1, 2024, Patricia Menendez-Cambo, a director of Expedia Group, Inc., acquired 117.967 stock units.
• These stock units are convertible into common stock on a 1-for-1 basis.
• The acquisition was made under the Expedia Group, Inc. Non-Employee Director Deferred Compensation Plan.
• The stock units will be settled in shares of common stock after the reporting person's termination of services as a director.
• Following the transaction, Menendez-Cambo beneficially owns 1,280.445 stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through a standard compensation plan.

Positives

• The acquisition of stock units by a director signals confidence in the company's future.

Future Outlook

The stock units will be settled in shares of common stock of Expedia Group, Inc. after the reporting person's termination of services as a director.

Industry Context

This filing is a routine disclosure of stock unit acquisition by a company director, which is a common practice in executive compensation.

Comparison to Industry Standards

• Director compensation packages often include stock options or units to align their interests with shareholders, similar to practices at Booking Holdings (BKNG) and Airbnb (ABNB).
• Deferred compensation plans are a standard tool for retaining directors and providing long-term incentives, comparable to plans offered at other large travel and technology companies.

Stakeholder Impact

• The acquisition of stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates